The deal gives the Rockets the 14th, 16th and 18th overall picks in Thursday’s draft, which gives them plenty of ammunition for more trades. The Rockets have been linked to a potential deal involving the Kings’ fifth overall pick in the draft, as well another deal involving the Raptors’ eighth overall pick.

Budinger, who was the 44th overall pick in the 2009 draft, averaged 9.6 points in 22.4 minutes per game last season. The 6-foot-7 small forward shot 40.2 percent from three-point range last season and is likely to help a Timberwolves team that struggled to score from the wing. Eliyahu is a 6-foot-10, 232 pound forward who was originally taken with the 44th overall pick in the 2006 draft by the Magic and plays professionally in Israel.